Capital One SavorOne Rewards review: Earn cash back on dining and entertainment with a low annual fee

Capital One SavorOne Card overview

The Capital One SavorOne Cash Rewards Credit Card is a low-annual-fee option offering cash back on dining, entertainment and grocery spending. While you can earn more with other cash-back cards, the SavorOne is a solid option for those with a limited credit history who want to earn cash back in popular bonus categories.

Card rating*: ⭐⭐⭐

*Card rating is based on the opinion of TPG’s editors and is not influenced by the card issuer.

Capital One offers a variety of cards, including many cash-back products within the same family. The SavorOne was previously offered as a no-annual-fee cash-back option that was discontinued in October 2024 and rebranded as the Capital One Savor Cash Rewards Credit Card.

The SavorOne has been reintroduced with a $39 annual fee and is designed for individuals with fair credit or those rebuilding their credit score. The annual fee is low enough to justify and can easily be recouped with minimal monthly spending across popular bonus categories.

Typically, the “One” designation in the card name (e.g., SavorOne and QuicksilverOne) on most Capital One products indicates that a card is aimed at those with fair credit. TPG recommends a fair credit score of at least 580 for a good chance at approval with these cards from this issuer.

Here’s what else you need to know about this cash-back card.

Capital One SavorOne Card pros and cons

Capital One SavorOne Card welcome offer

The SavorOne doesn’t feature a welcome bonus. If you’re looking to earn a bonus on a new card, consider the Capital One Savor Cash.

It’s essential to note that Capital One has specific application eligibility requirements that may affect your chances of approval.

Related: The pros and cons of cash-back credit cards

Capital One SavorOne Card benefits

The SavorOne is limited in the benefits it offers, with the main one being that the card does not charge foreign transaction fees.

Other perks include automatic credit line reviews, which can be useful when building credit. You’ll also receive access to your FICO score for free and $0 fraud liability protection.

Lastly, as a cardholder, you’ll receive 50% off beverages every day at Capital One Cafes.

Related: The best cards for entertainment

Earning cash back on the Capital One SavorOne Card

The Capital One SavorOne offers a wide range of bonus categories. You’ll earn:

• 8% cash back on Capital One Entertainment
• 5% cash back on hotel, vacation rental and rental card bookings made through Capital One Travel
• 3% cash back on dining, entertainment, grocery stores (excludes superstores like Walmart® and Target®) and select streaming services
• 1% back on all other purchases

Capital One broadly defines entertainment, so you will be covered on many fronts if you want to earn bonus cash back. Its terms state:

“Ticket purchases made at movie theaters, sports promoters (professional and semi-professional live events), theatrical promoters, amusement parks, tourist attractions, aquariums, zoos, dance halls, record stores, pool halls or bowling alleys. This excludes golf courses, collegiate sporting events and non-industry entertainment merchant codes like cable, digital streaming and membership services.”

Related: How credit card issuers classify travel and dining purchases

Redeeming cash back on the Capital One SavorOne Card

Redeeming cash back is simple with this card. Your redemption options include:

• Amazon
• Cash back through PayPal
• Gift cards
• Statement credit

However, if you pair this card with a Capital One miles-earning card, such as the Capital One Venture Rewards Credit Card, you can convert earned cash back into miles. This gives you the ability to access Capital One’s roster of 15-plus transfer partners, including Air Canada Aeroplan, Air France-KLM Flying Blue and I Prefer Hotel Rewards.

Transferring miles to partners typically offers the highest redemption value, often far exceeding 1 cent per mile.

Given the SavorOne’s bonus-earning rates, this can be a good rewards route to take, especially if you can leverage any of Capital One’s remaining transfer sweet spots.

Related: How to redeem Capital One miles for maximum value

Which cards compete with the Capital One SavorOne Card?

If you’re debating whether this card is worth adding to your wallet, consider these other options that might also be a good fit for your needs:

• If you don’t want to track bonus categories: The Capital One QuicksilverOne Cash Rewards Credit Card is another option for those with limited credit history and has the same $39 annual fee as the SavorOne. It has a simple earning structure, offering unlimited 1.5% cash back on all purchases, making it great if you have a lot of spending outside of the Savor’s bonus categories. To learn more, read our full review of the QuicksilverOne Cash Rewards card.
• If you prefer rotating quarterly categories: The no-annual-fee Discover it® Cash Back Credit Card is one of our top picks for starter cards and offers 5% cash back on the first $1,500 in purchases each quarter at select merchants. Additionally, you’ll earn 1% back on all other purchases, and Discover will match all cash back earned in the first year. To learn more, read our full review of the Discover it card.
• If you have no credit history: The Capital One Quicksilver Secured Cash Rewards Credit Card is the secured version of the Quicksilver Cash Rewards card that allows you to build credit. It offers the same rewards earning structure and has no annual fee. To learn more, read our full review of the Quicksilver Secured card.

The information for the Discover it Cash Back Credit Card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

For additional options, check out our full list of the best starter credit cards and the best cash-back credit cards.

Related: Cash back vs. travel rewards: How to choose a credit card

Is the Capital One SavorOne Card worth it?

If you have fair credit and want to earn bonus rewards, this card is a solid option. However, there are other options for those with less-than-ideal credit that don’t have an annual fee. If you have established credit, you should opt for the no-annual-fee Savor Cash Rewards. I currently hold the Savor Cash Rewards and get good value out of it.

Related: How to maximize cash back with your credit card

Bottom line

The SavorOne offers a solid cash-back earning rate in various everyday spending bonus categories. However, its lack of benefits and welcome offer are a downside. Even if you have a limited credit score and history, there are card offerings that offer similar bonus earnings and even more benefits without carrying an annual fee.

Learn more: Capital One SavorOne Cash Rewards

For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.